RIO and BHP have there own niche and quantity to not need any part of this.
FMG could do with a cut as a blender but are alas are to far away for this to be feasible onshore. They have their own boats and can transport to their own customers who maybe able to blend after stockpiling at the overseas end. *Long shot*.
The biggest shareholder currently is a Chinese consumer of our product, so this will more than likely be the choice.
I think management looking around will surprise a few as there others (miners) with cash and borrowing power to spare.
Ann: Market Update - Southdown Magnetite Project, page-9
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